This beautifully restored building overlooking the harbor was originally the offices for maritime traders. It was built by José Cabrero Mier, a native of Santander. Inside the curved pediment is the coat of arms of this Spanish city. When a four-star hotel opened in 2002, they gave it a historic name: Armadores de Santander (Shipowners of Santander). The hotel faces Aracelio Iglesias Park, named after Aracelio Iglesias Díaz. While the leader of the Local Maritime Workers’ Federation, he significantly improved conditions for dock workers in the union until he was assassinated in 1948.